Edward Wegel
Chief Executive Officer at TALON 1 ACQUISITION CORP.
Net worth: 3 M $ as of 28/02/2022
Profile
Edward J.
Wegel was the founder of Atlantic Coast Airlines, Inc. (founded in 1991) where he served as the Director & Head-Finance from 1991 to 1996.
He was also the founder of AVi8 Air Capital (founded in 2016) where he was the President in the same year.
In 2017, he founded Global Crossing Airlines Operstions LLC and Global Crossing Airlines Group, Inc., where he holds the positions of Chief Executive Officer and Director respectively.
Mr. Wegel is also the founder of Republic Airlines, Inc. Mr. Wegel's current job(s) include being the Chief Executive Officer of Liberator BDC, Inc. and the Executive Chairman & Chief Executive Officer of Talon 1 Acquisition Corp.
Mr. Wegel's former job(s) include being the President, Chief Executive Officer & Director of OneTravel Holdings, Inc. from 2006 to 2008, President & Chief Executive Officer of Eastern Air Lines Group, Inc. from 2008 to 2016, President, Chief Executive Officer & Director of BWIA International Airways Ltd.
from 1994 to 1996, and President, Chief Executive Officer & Director of Chautauqua Airlines, Inc. from 1997 to 1999.
He has also held positions such as Vice Chairman at Mego Financial Corp., Director at Polaris Inc. and Houston Biotechnology, Inc., Finance Director at Eastern Airlines, Inc. from 1985 to 1987, Director at Pan American World Airways, Inc. from 1987 to 1988, Senior Vice President-Corporate Development at Mesa Air Group, Inc. from 2003 to 2005, Principal at Shearson Lehman Brothers Holdings, Inc. from 1987 to 1990, President & Chief Operating Officer of Tower Air, Inc. from 2000 to 2002, and Partner at Aviation Capital Partners LLC from 2001 to 2014.
He was also an Associate at Opus Group Financial.
Mr. Wegel's education includes an undergraduate degree from the US Military Academy in 1980 and an MBA from the University of Northern Colorado in 1982.
Mr. Wegel is also the founder of Republic Airlines, Inc...
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 09/02/2024 | 5,932,276 ( 14.55% ) | 3 M $ | 31/03/2024 | |
| 28/06/2023 | 2,343,572 ( 2.22% ) | 131 240 $ | 31/03/2024 | |
| 09/02/2024 | 11,900 ( 0.06% ) | 12 578 $ | 28/02/2022 |
Edward Wegel active positions
| Companies | Position | Start |
|---|---|---|
| GLOBAL CROSSING AIRLINES GROUP INC. | Director/Board Member | 05/02/2024 |
| TALON 1 ACQUISITION CORP. | Chief Executive Officer | - |
Global Crossing Airlines Operstions LLC
 Global Crossing Airlines Operstions LLC Other TransportationTransportation Global Crossing Airlines LLC owns and operates air buses. The firm operates Global X airline. The company was founded by Edward J. Wegel and is headquartered in Miami, FL. | Chief Executive Officer | 01/08/2017 |
Liberator BDC, Inc.
 Liberator BDC, Inc. Financial ConglomeratesFinance Liberator BDC, Inc. operates as a development stage company. It provides financial services to lower and middle market companies within the defense, aerospace, and biotechnology industries. The company was founded on May 26, 2005 and is headquartered in Stamford, CT. | Chief Executive Officer | - |
| Republic Airlines, Inc. | Founder | - |
Former positions of Edward Wegel
| Companies | Position | End |
|---|---|---|
AVi8 Air Capital
 AVi8 Air Capital Internet Software/ServicesTechnology Services AVi8 Air Capital provides a leasing platform for airline and aviation private equity firms. The American company was founded by Edward J. Wegel. | Founder | 01/12/2016 |
| Eastern Air Lines Group, Inc. | Chief Executive Officer | 01/12/2016 |
| Aviation Capital Partners LLC | Corporate Officer/Principal | 01/04/2014 |
OneTravel Holdings, Inc.
 OneTravel Holdings, Inc. Other Consumer ServicesConsumer Services OneTravel Holdings, Inc. owns and operates a diverse network of travel and leisure subsidiary companies. The company was founded in 1982 and is headquartered in Charlotte, NC. | Chief Executive Officer | 01/01/2008 |
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Training of Edward Wegel
| US Military Academy | Undergraduate Degree |
| University of Northern Colorado | Masters Business Admin |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 3 |
|---|---|
| MESA AIR GROUP, INC. | Transportation |
| POLARIS INC. | Consumer Durables |
| GLOBAL CROSSING AIRLINES GROUP INC. | Transportation |
| Private companies | 20 |
|---|---|
Shearson Lehman Brothers Holdings, Inc.
 Shearson Lehman Brothers Holdings, Inc. Investment Banks/BrokersFinance Part of Lehman Brothers Holdings, Inc., Shearson Lehman Brothers Holdings, Inc. provides security broker services. The private company is based in New York, NY. | Finance |
Tower Air, Inc.
 Tower Air, Inc. AirlinesTransportation Tower Air, Inc. provides air transportation service. It offers long-haul scheduled and charter passenger air services. The firm comprise of scheduled passenger, commercial, military charters and cargo services. It provides charter air service for various United States and other tour operators as well as passenger charter services to the United States military and the International Organization for Migration. The company was founded on August 13, 1982 by Morris K. Nachtomi and is headquartered in Jamaica, NY. | Transportation |
Mego Financial Corp.
 Mego Financial Corp. Finance/Rental/LeasingFinance Mego Financial Corp. principal business is Vacation ownership sales, resort operations, land sales for vacation, second homes and travel services. The firm's subsidiary, Leisure Homes Corp. (LHC) performs Vacation ownership sales and operations. LHC also develops and sells parcels of raw land to be used primarily as sites for second and/or vacation homes, and also provides consumer financing to the purchasers of both vacation interval interests and land parcels. The company was founded in 1954 and is headquartered in Henderson, NV. | Finance |
Houston Biotechnology, Inc.
 Houston Biotechnology, Inc. Miscellaneous Commercial ServicesCommercial Services Part of Bristol Myers Squibb Co., Houston Biotechnology, Inc. is a private company that researches and develops biopharmaceutical products. The company is based in The Woodlands, TX. Houston Biotechnology was acquired by Medarex, Inc., part of Bristol Myers Squibb Co. from September 01, 2009 on February 28, 1997 for $9.11 million. | Commercial Services |
OneTravel Holdings, Inc.
OneTravel Holdings, Inc. Other Consumer ServicesConsumer Services OneTravel Holdings, Inc. owns and operates a diverse network of travel and leisure subsidiary companies. The company was founded in 1982 and is headquartered in Charlotte, NC. | Consumer Services |
Eastern Airlines, Inc.
 Eastern Airlines, Inc. AirlinesTransportation Eastern Airlines, Inc. is an airline company that was originally founded in 1926. Eastern Airlines is based in Kansas City, MO. It grew to become one of the "big four" domestic airlines by 1930 and remained so for several decades. Eastern Airlines has returned to the skies as the first scheduled carrier to be certified since 2007. The private company's mission is to provide underserved markets across the globe with nonstop-only flights at the best value. | Transportation |
Liberator BDC, Inc.
Liberator BDC, Inc. Financial ConglomeratesFinance Liberator BDC, Inc. operates as a development stage company. It provides financial services to lower and middle market companies within the defense, aerospace, and biotechnology industries. The company was founded on May 26, 2005 and is headquartered in Stamford, CT. | Finance |
| Eastern Air Lines Group, Inc. | |
The Carlyle Group LP (Corporate Private Equity)
 The Carlyle Group LP (Corporate Private Equity) Investment ManagersFinance The Carlyle Group LP (Global Private Equity) is a private equity firm founded in the year 1990 by William E. Conway, Jr. and Daniel A. D'Aniello. The firm is headquartered in Washington DC. | Finance |
Clayton Dubilier & Rice LLC
 Clayton Dubilier & Rice LLC Investment ManagersFinance Clayton, Dubilier & Rice LLC (Clayton, Dubilier & Rice) is a private equity subsidiary of Clayton, Dubilier & Rice Holdings LP founded in 1978 by Joseph L. Rice. The firm is headquartered in New York with additional office in London. | Finance |
| Pan American World Airways, Inc. | Transportation |
BWIA International Airways Ltd.
 BWIA International Airways Ltd. AirlinesTransportation BWIA International Airways Ltd. operates an airline. The private company is based in Port of Spain, Trinidad and Tobago. | Transportation |
Chautauqua Airlines, Inc.
 Chautauqua Airlines, Inc. AirlinesTransportation Chautauqua Airlines, Inc. provides scheduled air passenger services connecting major airports mainly in the eastern half of the U.S. It maintains code-sharing partnerships with AMR's American Airlines, Delta Air Lines, UAL's United Airlines and U.S. Airways. The company was founded in 1973 by Joel Hall and is headquartered in Indianapolis, IN. | Transportation |
Atlantic Coast Airlines, Inc.
 Atlantic Coast Airlines, Inc. Aerospace & DefenseElectronic Technology Atlantic Coast Airlines, Inc. use to operate feeder routes for airlines. The company was founded on December 15, 1989 and was headquartered in Dulles, VA. | Electronic Technology |
| Aviation Capital Partners LLC | |
Opus Group Financial
 Opus Group Financial Investment ManagersFinance Founded in 2010 by James Giordano, Opus Group Financial is an independent, privately-owned, investment research and advisory firm located in New York City with an additional office in Ft. Lauderdale, Florida. The firm provides in-depth, unbiased, equity research, financial advice and execution services to private, micro- and small-cap companies | Finance |
| Republic Airlines, Inc. | |
AVi8 Air Capital
AVi8 Air Capital Internet Software/ServicesTechnology Services AVi8 Air Capital provides a leasing platform for airline and aviation private equity firms. The American company was founded by Edward J. Wegel. | Technology Services |
Global Crossing Airlines Operstions LLC
Global Crossing Airlines Operstions LLC Other TransportationTransportation Global Crossing Airlines LLC owns and operates air buses. The firm operates Global X airline. The company was founded by Edward J. Wegel and is headquartered in Miami, FL. | Transportation |
Talon 1 Acquisition Corp.
 Talon 1 Acquisition Corp. Financial ConglomeratesFinance Talon 1 Acquisition Corp. operates as a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded in 2016 and is headquartered in Coral Gables, FL. | Finance |
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